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Paradise, NS

Updated: Aug 2016
House
Median price $164,700
Monthly growth 13.82 %
Quarterly trend
Stock on market 0.32%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Paradise Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Paradise is number 3623 putting it in the bottom half of the country .

When our research team crunched the numbers we calculated that Paradise has a median home price of $164,700.

There are 825 neighbourhoods that have more properties on sale than Paradise at the moment in Nova Scotia which puts the neighbourhood top 40% when looking at the number of properties to choose from.

As one of Nova Scotia’s many potential real estate investment neighbourhoods, Paradise needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

If you are looking at investment properties in Paradise, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

When we look at the data we have, it can help with trying to establish whether or not Paradise is a good investment target.

Over the last three months in Paradise, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Find a mortgage broker in Paradise, NS
Beds Median price (House) Median price (Apartment)
2 bedrooms $73,250
4 bedrooms $167,400
Demographics
  • Population in 20113650
  • Population in 20063707
  • 2006 to 2011 population change (%)-1.5
  • Total private dwellings1868
  • Private dwellings occupied by usual residents1541
  • Population density per square kilometre9.8
  • Land area (square km)373.67

Age Characteristics

Total population by age groups 3650
0 to 4 years 140
5 to 9 years 125
10 to 14 years 195
15 to 19 years 210
15 years 35
16 years 55
17 years 35
18 years 50
19 years 35
20 to 24 years 135
25 to 29 years 130
30 to 34 years 135
35 to 39 years 185
40 to 44 years 195
45 to 49 years 270
50 to 54 years 365
55 to 59 years 325
60 to 64 years 360
65 to 69 years 270
70 to 74 years 205
75 to 79 years 140
80 to 84 years 105
85 years and over 140
Median age of the population 51.3
% of the population aged 15 and over 87.3

Marital Status

Total population 15 years and over by marital status 3190
Married or living with a common-law partner 2010
Married (and not separated) 1695
Living common-law 315
Not married and not living with a common-law partner 1175
Single (never legally married) 605
Separated 70
Divorced 215
Widowed 285

Family Characteristics

Total number of census families in private households 1110
Size of census family: 2 persons 700
Size of census family: 3 persons 205
Size of census family: 4 persons 150
Size of census family: 5 or more persons 60
Total number of census families in private households 1110
Total couple families by family structure and number of children 975
Married couples 820
Without children at home 530
With children at home 290
1 child 140
2 children 110
3 or more children 45
Common-law couples 160
Without children at home 95
With children at home 65
1 child 30
2 children 25
3 or more children 10
Total lone-parent families by sex of parent and number of children 135
Female parent 110
1 child 60
2 children 30
3 or more children 15
Male parent 25
1 child 20
2 children 5
3 or more children 0
Total children in census families in private households 825
Under six years of age 170
6 to 14 years 290
15 to 17 years 130
18 to 24 years 155
25 years and over 85
Average number of children at home per census family 0.7

Household And Dwelling Characteristics

Total number of persons in private households 3465
Number of persons not in census families 555
Living with relatives 60
Living with non-relatives only 90
Living alone 405
Number of census family persons 2910
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 720
Number of persons not in census families aged 65 years and over 205
Living with relatives 25
Living with non-relatives only 5
Living alone 180
Number of census family persons aged 65 years and over 515
Total number of private households by household type 1540
Census-family households 1095
One-family-only households 1030
Couple-family households 920
Without children 585
With children 330
Lone-parent-family households 105
Other family households 65
One-family households with persons not in a census family 50
Couple-family households 35
Without children 15
With children 20
Lone-parent-family households 15
Two-or-more-family households 15
Non-census-family households 445
One-person households 405
Two-or-more-person households 40
Total number of occupied private dwellings by structural type of dwelling 1545
Single-detached house 1350
Apartment, building that has five or more storeys 0
Movable dwelling 60
Other dwelling 135
Semi-detached house 30
Row house 30
Apartment, duplex 5
Apartment, building that has fewer than five storeys 75
Other single-attached house 0
Total number of private households by household size 1540
1 person 400
2 persons 690
3 persons 210
4 persons 170
5 persons 50
6 or more persons 20
Number of persons in private households 3465
Average number of persons in private households 2.3

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